United Technologies (UTX) Holding Has Upped by Fagan Associates Inc; As Advance Auto Parts (AAP) Share Price Declined, Richmond Hill Investment Company Has Increased Its Stake by $3.12 Million

February 21, 2018 - By Migdalia James

Richmond Hill Investment Company increased its stake in Advance Auto Parts Inc (AAP) by 103.05% based on its latest 2017Q3 regulatory filing with the SEC. Richmond Hill Investment Company bought 31,535 shares as the company’s stock declined 6.26% while stock markets rallied. The hedge fund held 62,138 shares of the other specialty stores company at the end of 2017Q3, valued at $6.16 million, up from 30,603 at the end of the previous reported quarter. Richmond Hill Investment Company who had been investing in Advance Auto Parts Inc for a number of months, seems to be bullish on the $8.55B market cap company. The stock increased 9.92% or $10.4488 during the last trading session, reaching $115.7988. About 3.17M shares traded or 124.05% up from the average. Advance Auto Parts, Inc. (NYSE:AAP) has risen 5.52% since February 21, 2017 and is uptrending. It has underperformed by 11.18% the S&P500.

Fagan Associates Inc increased its stake in United Technologies Corp (UTX) by 14.7% based on its latest 2017Q3 regulatory filing with the SEC. Fagan Associates Inc bought 3,790 shares as the company’s stock rose 8.03% with the market. The institutional investor held 29,581 shares of the aerospace company at the end of 2017Q3, valued at $3.43M, up from 25,791 at the end of the previous reported quarter. Fagan Associates Inc who had been investing in United Technologies Corp for a number of months, seems to be bullish on the $104.17 billion market cap company. The stock increased 3.00% or $3.79 during the last trading session, reaching $130.25. About 3.40 million shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since February 21, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

Among 21 analysts covering United Technologies Corporation (NYSE:UTX), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. United Technologies Corporation had 80 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Thursday, January 12 with “Sector Perform”. RBC Capital Markets upgraded the stock to “Buy” rating in Wednesday, January 3 report. On Friday, April 28 the stock rating was maintained by Jefferies with “Buy”. The stock has “Neutral” rating by Credit Suisse on Monday, November 16. Citigroup maintained United Technologies Corporation (NYSE:UTX) on Wednesday, October 21 with “Buy” rating. The firm earned “Hold” rating on Monday, June 12 by HSBC. The stock of United Technologies Corporation (NYSE:UTX) has “Hold” rating given on Thursday, August 10 by Stifel Nicolaus. The rating was maintained by Barclays Capital with “Equalweight” on Wednesday, July 27. Stifel Nicolaus maintained United Technologies Corporation (NYSE:UTX) rating on Friday, July 7. Stifel Nicolaus has “Hold” rating and $12600 target. The firm has “Neutral” rating by Citigroup given on Monday, October 10.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.10, from 0.95 in 2017Q2. It increased, as 63 investors sold UTX shares while 503 reduced holdings. 111 funds opened positions while 484 raised stakes. 621.08 million shares or 1.52% more from 611.76 million shares in 2017Q2 were reported. 85,674 were reported by Amalgamated Bancorporation. Aristotle Limited Liability Co accumulated 7,083 shares or 0.01% of the stock. South Street Advisors Llc stated it has 1,920 shares or 0.04% of all its holdings. Commerce Financial Bank reported 490,820 shares. Conning has 261,794 shares. Tradition Cap Mngmt Limited Liability Corp, New Jersey-based fund reported 3,956 shares. 7,250 were accumulated by Cypress Management Limited Com (Wy). 502,715 were accumulated by Bradley Foster And Sargent Ct. Architects reported 650 shares. Shufro Rose And Lc owns 3,033 shares. Prospector Prtn Limited reported 48,090 shares. First City Capital Mgmt has 0.99% invested in United Technologies Corporation (NYSE:UTX). M Securities holds 45,700 shares or 1.67% of its portfolio. Adage Capital Prns Gp Ltd invested 0.04% in United Technologies Corporation (NYSE:UTX). Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems accumulated 0.1% or 60,414 shares.

Since December 13, 2017, it had 0 insider purchases, and 3 insider sales for $734,561 activity. Shares for $79,088 were sold by Bailey Robert J..

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